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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
 WASHINGTON, D.C. 20549
 FORM 8-K
 CURRENT REPORT
 Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
 April 10,
2006
 Date of Report (Date of earliest event reported)
 MSX International, Inc.
  Delaware
    
    333-49821
    
    38-3323099(State or other jurisdiction
    
    (Commission
    
    (IRS Employerof incorporation)
    
    File Number)
    
    Identification No.)
 1950 Concept Drive, Warren, Michigan
 48091
 (248) 299-1000
  o
 o
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TABLE OF CONTENTS  ITEM 4.02. Non-Reliance on Previously Issued Financial Statements or a Related Audit Report or Completed Interim ReviewSIGNATURE    Table of Contents  
 ITEM 4.02.
    
    Non-Reliance on Previously Issued Financial Statements or a Related Audit Report or Completed Interim Review.
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##### Table of Contents



January 2, 2005
    
    
    December 28, 2003As Reported
    
    
    As Restated
    
    
    As Reported
    
    
    As RestatedResults of Operations(1):Revenue
    
    $
    454,305
    
    
    $
    454,305
    
    
    $
    503,903
    
    
    $
    503,903Cost of Sales
    
    
    384,662
    
    
    
    385,122
    
    
    
    429,633
    
    
    
    429,633Gross Profit
    
    
    69,643
    
    
    
    69,183
    
    
    
    74,270
    
    
    
    74,270Selling, general & administrative expense
    
    
    35,350
    
    
    
    35,350
    
    
    
    48,311
    
    
    
    48,311Restructuring & severance costs
    
    
    209
    
    
    
    209
    
    
    
    19,265
    
    
    
    19,265Loss on asset impairment and sale
    
    
    
    
    
    
    
    
    
    
    1,652
    
    
    
    1,652Income from continuing operations before
interest, income taxes and equity in net losses
of affiliates
    
    
    34,084
    
    
    
    33,624
    
    
    
    5,042
    
    
    
    5,042Interest expense, net
    
    
    30,741
    
    
    
    30,741
    
    
    
    28,518
    
    
    
    28,518Income (loss) from continuing operations
before income taxes, minority interests and
equity in affiliates
    
    
    3,343
    
    
    
    2,883
    
    
    
    (23,476
    )
    
    
    (23,476
    )Income tax provision
    
    
    1,776
    
    
    
    1,776
    
    
    
    17,304
    
    
    
    17,304Less minority interests and equity in affiliates, net
of taxes
    
    
    
    
    
    
    
    
    
    
    (40
    )
    
    
    (40
    )Income (loss) from continuing operations
    
    
    1,567
    
    
    
    1,107
    
    
    
    (40,740
    )
    
    
    (40,740
    )Income
(loss) from discontinued operations, net
    
    
    15
    
    
    
    550
    
    
    
    (23,273
    )
    
    
    (26,038
    )Net Income (loss)
    
    
    1,582
    
    
    
    1,657
    
    
    
    (64,013
    )
    
    
    (66,778
    )Accretion for redemption of preferred stock
    
    
    9,500
    
    
    
    9,500
    
    
    
    9,183
    
    
    
    9,183Net loss available to common shareholders
    
    $
    (7,918
    )
    
    $
    (7,843
    )
    
    $
    (73,196
    )
    
    $
    (75,961
    )
 
 (1)
    Reported results reflect changes made due to classification of Satiz S.r.l. and Creative Technology Services LLC as held for sale. January 2, 2005
    
    December 28, 2003As Reported
    
    As Restated
    
    As Reported
    
    As RestatedCash Flows:Adjustments to reconcile net income (loss) to net cash
provided by operating activities:(Increase) decrease in receivables, net
    
    $
    48,439
    
    
    $
    48,414
    
    
    $
    (7,833
    )
    
    $
    (6,271
    )(Increase) decrease in inventory
    
    
    (3,543
    )
    
    
    (3,543
    )
    
    
    (3,792
    )
    
    
    (2,885
    )Increase (decrease) in current liabilities
    
    
    (47,627
    )
    
    
    (48,855
    )
    
    
    40,108
    
    
    
    39,983Other, net
    
    
    1,564
    
    
    
    2,434
    
    
    
    486
    
    
    
    486Net cash provided by operating activities
    
    
    15,819
    
    
    
    15,511
    
    
    
    14,535
    
    
    
    14,114Cash flows from investing activities:Capital expenditures
    
    
    (3,031
    )
    
    
    (2,723
    )
    
    
    (5,250
    )
    
    
    (4,829
    )
 As of January 2, 2005As Reported
    
    As RestatedBalance Sheet:Accounts receivable
    
    $
    158,640
    
    
    $
    157,103Total assets
    
    
    385,744
    
    
    
    382,571Total shareholders deficit
    
    
    (180,772
    )
    
    
    (183,462
    )
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##### Table of Contents



SIGNATURE
    By:
    
    /s/ Frederick K. MinturnFrederick K. MinturnExecutive Vice President andChief Financial Officer
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